Matthew Nolan is the managing director of Provident Inventory Finance and has over 17 years banking and finance experience. Matthew has masters degrees in Applied Finance & Investment and Financial Planning. He is currently completing his doctorate through Macquarie Graduate School of Management.
During his career, Matthew has been responsible for the establishment of a broad cross section of financial products, initially at major banks including Macquarie and ANZ, but more recently through the establishment of Provident Inventory Finance.
Matthew founded Provident Inventory Finance to provide loans to Australian SMEs for the acquisition of additional inventory. Through this, he helps other SMEs to grow, overcoming existing working capital constraints. What makes his product unique is that it’s done without the need for real estate security or pre-sales of the stock.
Matthew and his team have assisted many SMEs achieve their growth potential in virtually every industry, ranging from clothing and electrical goods to carpet and home wares. Clients are averaging $1.18 million pa in sales of stock purchased using Inventory Finance, delivering them gross profit of almost $600k pa.
Matthew has also helped thousands of finance brokers that are SMEs themselves, educating brokers in ways to begin their foray into other lending products. He’s well known in the finance industry as the leading advocate of broker diversification, assisting many to diversify away from home loans at a time when that market is experiencing a decline.
Matthew’s knowledge of small businesses, their management and finance is also second to none. His experience in launching this new product to SMEs has given him a unique insight into what it takes to succeed as an SMEs, and the challenges they face through finding funding that’s innovative enough to meet their needs. Matthew is currently using his knowledge to complete his doctorial thesis on small businesses, their working capital management and the accessibility of suitable finance and advice.
Since launching Provident Inventory Finance in September 2005, Matthew has been quoted in all major newspapers and finance publications, and is a highly sought after business advisor and speaker. He has regular columns in many magazines and newspapers. He has also addressed most major finance industry conferences and several recent trade conferences.
Matthew continues to proudly manage Provident Inventory Finance, guiding its growth as an SME, whilst retaining his focus on helping other SME’s to grow, remaining the only provider of inventory finance in Australia after almost two years.
Visit Matthew Nolan's website.